Hong Kong
Asia · Pop. 7.5M · #17 startup ecosystem by EV
Largest rounds
Largest funding rounds in Hong Kong
A live treemap of $100M+ rounds from the Dealroom API. Each cell is one round into a Hong Kong-headquartered company, grouped by Dealroom sector.
Largest rounds in Hong Kong - 2026
Startup funnel
Hong Kong's power-law funnel
From the first cheque written to a $10B+ outcome. Each arrow shows what fraction of companies at one stage graduate to the next, tracked by founding cohort.
* C→Unicorn and Unicorn→Decacorn rates are derived from current counts (no founding-cohort data); the four mid-funnel rates use Dealroom's cohort tracking.
VC investment
How much venture capital flows into Hong Kong
VC investment into Hong Kong-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage. Live from the Dealroom Next Gen API.
Notable companies
Top private companies in Hong Kong
Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.
Academia
Hong Kong's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Hong Kong.
Location comparison
How Hong Kong stacks up
Compare Hong Kong with similarly sized ecosystems in Asia — switch between combined EV, 5-year EV growth, and a growth × size view. Expand the table for the full ranking.
Combined enterprise value of each ecosystem.
Top ecosystems in Asia ranked by combined EV. Hong Kong's row is highlighted (#7).
| # | Ecosystem | Combined EV | 5-yr EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | China | $5.8T | 3.1× | 491 | $33.8B | 24.7K |
| 2 | India | $924B | 7.5× | 127 | $13.9B | 13.3K |
| 3 | Israel | $602B | 5.6× | 131 | $10.9B | 4,775 |
| 4 | South Korea | $430B | 15.4× | 45 | $8.2B | 7,962 |
| 5 | Singapore | $319B | 8.5× | 39 | $4B | 3,928 |
| 6 | Japan | $233B | 5.5× | 20 | $4.4B | 7,820 |
| 7 | Hong Kong | $179B | 12.4× | 20 | $3.1B | 1,233 |
| 8 | United Arab Emirates | $76.4B | 10.2× | 22 | $3.9B | 1,572 |
| 9 | Indonesia | $64.8B | 5.0× | 12 | $485.4M | 1,213 |
| 10 | Taiwan | $61.3B | 8.1× | 8 | $209.1M | 624 |
| 11 | Türkiye | $52.6B | 16.0× | 8 | $714.6M | 2,038 |
| 12 | Vietnam | $34.3B | 15.3× | 4 | $461.5M | 616 |
Patent intelligence
Hong Kong startup IP portfolio: 115.7K patent families
Granted patent families assigned to startups headquartered in Hong Kong. Aggregated across the country's hub-level filings — Bay Area, Boston, etc. roll up under the United States row, the same way Tokyo and Osaka roll up under Japan.
Premium analytics
What we don't show on this page (yet)
Sector breakdowns, founder origins, AI-talent leaderboards and live deal flow are gated to logged-in Dealroom users. Book a demo to access the full Hong Kong dataset — or see a sample on the Dealroom app.
Get the full Hong Kong ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.